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News
Brent Crude Oil Prices Rise Above $100/Barrel
4+ day, 18+ hour ago (941+ words) Brent crude futures breached $100 a barrel on Wednesday for the first time since late July after Iran and the U.S. struck tankers in the biggest wave of attacks on shipping since the war began, threatening to worsen the ongoing impairment of…...
After US efforts to end the war in Ukraine have yielded little progress, grain prices are rising.
5+ day, 16+ hour ago (437+ words) Posted to Maritime Reporter on September 8, 2026 Chicago wheat futures rose on Tuesday following a 'U.S. The weekend diplomatic efforts to end the four year war in Ukraine that?has disrupted Black Sea grains shipments" yielded very little. Corn and soybean futures…...
A draft resolution reveals that Kazakhstan is planning to tighten its wheat import restrictions.
1+ week, 2+ day ago (145+ words) Posted to Maritime Reporter on September 4, 2026 According to a draft government resolution seen by. In July, the country implemented a partial six-month ban on wheat imports. There were a few exceptions to the rule, such as rail shipments that are…...
GRAINS-Wheat continues to slide as Ukraine war negotiations are in focus
1+ week, 2+ day ago (405+ words) Posted to Maritime Reporter on September 4, 2026 Chicago wheat futures fell on Friday. They continued a decline from a high of?3 1/2 years earlier in the week. Traders were watching to see whether diplomatic efforts to end Russia's war against Ukraine would…...
Norway seizes Russian ship over Naftogaz award
1+ week, 4+ day ago (384+ words) Norway announced on Wednesday that it had taken a Russian vessel at the request from Ukrainian state-owned Naftogaz to ensure the Russian Federation met its obligations. Since 2016, the Ukrainian company has taken legal action against Russia to seek compensation for…...
Sweden Signs Order for Four Frigates
1+ week, 6+ day ago (129+ words) Contecon Manzanillo S.A. de C.V. (CMSA), International Container Terminal Services, Inc.'s (ICTSI) Mexican unit, has paved… Just two years after the worst drought in the Panama Canal's history forced ships to wait weeks for passage and triggered… The Iran war's redrawing…...
Seventy Vessels Wait to Load Grain Near Sulina Canal
2+ week, 4+ day ago (506+ words) Up to 70 vessels are waiting near the Danube's Sulina Canal for access to Ukrainian ports to load grain for export, traders and analysts said on Wednesday, with a shortage of pilots and priority given to other cargoes creating long delays....
Russian Oil Freight Rates Spike On Security Risks, Vessel Availability
2+ week, 5+ day ago (533+ words) © Adobe Stock/Alexi Store Freight rates for tanker shipments of Russia's flagship Urals crude from western ports to India, the grade's main market, have surged in August as strong demand for vessels and mounting security risks linked to carrying Russian…...
EU wheat prices lower as markets look to Black Sea Export Relief
2+ week, 5+ day ago (423+ words) Posted to Maritime Reporter on August 25, 2026 The market lowered the price of European wheat futures on Tuesday, as it assessed the chances for a diplomatic breakthrough that would ease Black Sea War disruptions that have choked Russian exports and Ukrainian…...
Canada Invests $7.95m for Six New Icebreakers
2+ week, 6+ day ago (187+ words) © Adobe Stock/Denis Comeau Canadian Prime Minister Mark Carney said on Monday the federal government would invest more than C$11 billion ($7.95 billion) to build six new icebreakers for the Canadian Coast Guard. Speaking in Levis, Quebec, Carney said the ships…...